Fully occupied duplex with a non-conforming 3rd unit in the basement! This exceptional King Field
Neighborhood property offers two meticulously maintained units, each with an owner-occupant level quality finish and condition. Both the upper and main level units feature a spacious 2-bedroom, 1-bathroom layout with a charming sunroom/office, as well as woodburning fireplace, original hardwood floors, ornate woodwork and neutral palate throughout. The upper unit provides an enhanced, updated kitchen complete with granite countertops, stainless steel appliances, and updated cabinetry. The non-conforming basement unit provides an additional 1 bedroom and 1 bathroom, currently on a month-to-month lease. Basement common area with washer, dryer, and sink. Outside, the property impresses with a wonderfully landscaped yard, an in-ground sprinkler system, and an expansive paver patio perfect for entertaining. A convenient 2-car garage completes this outstanding investment opportunity. New roof in 2021. Boilers certified December 2024! An absolute must-see!
Presented By: Keller Williams Select Realty
Interior Features for 100 W 40th Street
Other Interior Features
Above Grade Finished Area2512
BasementBlock, Egress Window(s), Finished, Shared Access, Single Tenant Access, Storage Space
Basement (Y/N)Yes
Below Grade Finished Area1000
FuelNatural Gas
Garage Square Feet323
General for 100 W 40th Street
AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesLaundry, In-Ground Sprinkler System, Patio
CityMinneapolis
Construction MaterialsStucco
ContingencyNone
CountyHennepin
DirectionsLyndale to 40th street east to home
ElectricCircuit Breakers
Electric Expense
Fuel Expense
Garage Spaces2
Gross Income52200
HeatingBoiler
High School DistrictMinneapolis
Insurance Expense3054
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area3512
Lot Size UnitsAcres
MaintenanceExpense0
New ConstructionNo
Number Of Units Total3
Operating Expense0
OwnerPaysInsurance, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection
PostalCityMinneapolis
Property SubtypeDuplex Up and Down
Property TypeResidential Income
RoofAge 8 Years or Less, Asphalt
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameVan Nests Add
Tax Annual Amount10195
Tax Year2025
Tenant PaysElectricity, Gas
Trash Expense917
Water Sewer Expense1379
Year Built1925
Exterior for 100 W 40th Street
Building Area Total3726
Foundation Area1214
Lot Dimensions40x115
Lot Size Area0.11
Parking FeaturesDetached, Concrete, Garage Door Opener
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